It has been revealed that luxury sports car maker Lamborghini is to launch a sports utility vehicle (SUV), which will be built in Italy. Italy won the bid with Lamborghini, who are owned by Volkswagen, over Slovakia.The signing which took place in Rome was attended by executives from Lamborghini and...
Luxury goods retailer, Michael Kors has appointed Marcel Ostwald for their newly created role of senior vice president for Menswear. His position will fill a “key space” in the brand’s development in the menswear division and will take on the role from August 1st this year.Mr Ostwald has over 11...
Following discussions the Irish government which has a 25% stake in Aer Lingus, has now decided to sell to British Airways owner IAG.Ryanair which owns a 29.8% stake in Aer Lingus reported earlier this week: "The board of Ryanair has yet to receive any offer, and will consider any offer...
It has been reported that exclusivity clauses in zero hour contracts are to be banned.Under a provision in the Small Business, Enterprise and Employment Act 2015, which was passed under the Liberal-Conservative coalition government and came into force on Tuesday, new zero hour contracts will not permit exclusivity clauses which...
UK high streets experienced a welcomed lift over the bank holiday weekend as warm weather hit the UK, encouraging shoppers out to spend.According to retail analysts Springboard, footfall rose by 4.4% compared with the same weekend last year. The results contrasted the decline seen in recent months and comes as...
Mobile phone provider O2, has apologised to its customers after several parts of the UK including London, Glasgow, Manchester and parts of Northern Ireland lost signal. However they have said that service is “back to normal” and that an investigation into the problem has been launched.In a statement, a spokesman...
Popular low cost airline Ryanair has reported a huge increase in its full-year profits, with figures showing a rise of 66% to EU867 million (£614 million).Michael O’Leary, chief executive said the airline's "Always Getting Better" customer experience programme had attracted "millions of new customers to Ryanair", adding "Our AGB programme...
British designer Sir Jonathan Ive, who has helped design some of Apple’s most iconic products, has been promoted to chief design officer at the company.Sir Jonathan was knighted in 2012 for his services to design.In a memo to employees, chief executive Tim Cook said that Sir Jonathan's newly created role...
Retail heroines who exude passion and ambition are urged to enter the 2015 Specsavers everywoman in Retail Ambassador programme before nominations close on Tuesday.The initiative, fronted by Dame Mary Perkins, champions and promotes women in retail – be they working in organisations or as entrepreneurs – in order to demonstrate...
Whitbread has appointed Alison Brittain as chief executive, replacing current boss Andy Harrison, who will retire in February.The company behind Costa Coffee and Premier Inn will become the sixth FTSE 100 company to have a female chief executive officer.Alison Brittain was head of the retail division at Lloyds Banking Group...
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